At Microsoft meeting, shareholders take on diversity, CEO’s pay

Fortune

Microsoft investors will convene Wednesday for the company’s annual meeting of shareholders, and on the agenda is diversity within the software maker, as well as pay approval for CEO Satya Nadella.

The meeting will be the first for Nadella, who took the reins at Microsoft nine months ago. He will be persuading shareholders that his vision — to make Microsoft [fortune-stock symbol= »MSFT »] the « productivity and platform company for the mobile-first, cloud-first world » — is the right one.

Nadella’s pay package, which will be up for approval by shareholders, includes about $65 million in restricted stock on top of his annual salary. His total pay package is valued at approximately $90.8 million for the year ended June 30.

While his pay is likely to be unchanged, it has faced challenges from Institutional Shareholder Services, a firm that advices shareholders on proxy votes. The group said the « mega » stock grant is excessive…

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